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if you read some of bob woodward's books, which i have, i mean, the way bob woodward tells it, bob rubin, the treasury secretary for clinton, forced clinton to raise taxes but used that money for deficit reduction because he believed that would control the economy. president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually with president obama particularly on the notion of fairnesses. you know, you talk to economistses. should we really be raising taxes now? no. hour hour tax increases, we're going to lose the deductions -- >> probably shouldn't be cutting that much. the economy is like in a very weird state right now, kind of like i think the notion is t
if you read some of bob woodward's books, which i have, i mean, the way bob woodward tells it, bob rubin, the treasury secretary for clinton, forced clinton to raise taxes but used that money for deficit reduction because he believed that would control the economy. president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked...
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leading strategist bob pavlick weighs in next. ashley: first let's sea how the dollar is moving right now. against the euro, euro is up against the dollar. the u.k. pound still moving slightly higher against the green back. we'll be right back. >> 20 minutes past the hour right now i'm jamie colby with your fox news minute. it has been a week and former president george h.w. bush is still in houston's methodist hospital with a lingering cough. the 41st president's condition, not life-threatening. the doctors were initially concerned it could be or turn into pneumonia but it hasn't. president bush is 88 years old. we wish him a speedy recovery. >> a company that tracks web traffic, 12:30 p.m. eastern time syria disappeared from the internet. the first countrywide internet blackout. they are blaming the government and they are saying terrorists is responsible. >> president obama is having lunch with mitt romney. the cameras did catch a glimpse of the former republican governor arriving earlier. the white house sit-down is the first
leading strategist bob pavlick weighs in next. ashley: first let's sea how the dollar is moving right now. against the euro, euro is up against the dollar. the u.k. pound still moving slightly higher against the green back. we'll be right back. >> 20 minutes past the hour right now i'm jamie colby with your fox news minute. it has been a week and former president george h.w. bush is still in houston's methodist hospital with a lingering cough. the 41st president's condition, not...
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. >> this is one of my favorite topics because we at bob brooks stone capital management have been very bullish in the 2008 crisis. it produced some stellar total return for our clients that include the interest on a tax rebate and appreciation. dennis: would you prefer that i as your client buy an entire bond or maybe ought to buy a basket in an e t f or something. >> without a doubt. the opportunity we have seen through actively managed mutual funds. what happened in 2008 was indiscriminate selling across the entire sector. it created a miss pricing in many of the bonds and a lot of these mass and -- managers were able to take advantage of that. in terms of bikers of vacation and getting access to literally thousands of bonds, a much better plan to actively -- actively managed funds and take individual bonds for your portfolio. dennis: you probably run one of those and get good fees on its though that is totally fine. when i do this i am going to buy bond. and by buying it to hold onto until maturity or am i buying it so i conflict and selling when it goes up in price? >> with funds t
. >> this is one of my favorite topics because we at bob brooks stone capital management have been very bullish in the 2008 crisis. it produced some stellar total return for our clients that include the interest on a tax rebate and appreciation. dennis: would you prefer that i as your client buy an entire bond or maybe ought to buy a basket in an e t f or something. >> without a doubt. the opportunity we have seen through actively managed mutual funds. what happened in 2008 was...
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>>guest: it is not bob's appstore. >>host: do they have some good things? >>caller: in fact 22 million. >>host: tell them about the free stuff! >>guest: there are 1.2 million books you can buy but millions literally of books that are free. alyce carone made me laugh, she said her father uses a candle and she says what book did you buy? he said why would i ever get a book? there is millions for free. --uses a can pole. public domain books are free. --kindle we are sending you with what comes along along with your stylus anti- earbuds and simply to impress $25 certificate, we are giving you a month free of amazon- prime. --and the earbuds. there is 180,000 books like the harry potter series is part of that 180,000 books. you can borrow them for for using amazon-primetown of movie is also an tv series. cynthia mentioned down at the iman ago, i do not know if that is one of them.w down abbya moment ago. if all you wanted to do download free applications, music, magazines you could certainly do that. but when you get a premium content very inexpensive and applic
>>guest: it is not bob's appstore. >>host: do they have some good things? >>caller: in fact 22 million. >>host: tell them about the free stuff! >>guest: there are 1.2 million books you can buy but millions literally of books that are free. alyce carone made me laugh, she said her father uses a candle and she says what book did you buy? he said why would i ever get a book? there is millions for free. --uses a can pole. public domain books are free. --kindle we are...
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the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® r
the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib...